The evolution of social trading platform continues as Tradency today announces the launch of its new “Mirror 360” solution at the iFX EXPO in Cyprus this week. The new offering by Tradency enables brokers to swiftly implement a complete Mirroring solution.
The “Mirror 360” represents an enterprise solution which consists of the firm’s familiar Mirror Trader platform frontend, along with the Mirror server back office. Tradency considers that its technological edge comes into full force as it presents brokers with this standalone all rounded solution containing: frontend platform, margin system, server and back office, smart risk management, API, Mirror Trader unique strategies, liquidity router and more.
Following last year’s warning which was issued by MetaQuotes on its broker support site which alleged that four social trading platforms with the largest market share had transgressed MetaTrader 4 protocols, Tradency responded quickly by diversifying its solution in order to appeal to new markets, including a partnership with CFH Clearing in order to gain a distribution channel via institutional liquidity provision, marking Tradency out as a firm which understands the need to continually innovate.
The “Mirror 360” completes the already extensive Mirroring implementation options, as Tradency will continue to develop and support its open architecture and cooperation with 3rd party vendors. In order to support the new “Mirror 360” offering, Tradency is launching a new structure of 3 service level packages.
These packages are formulated to suit the nature and needs of different types of brokers. The “White Label package” is an entry level package available via secondary distribution channels. The “Full License package” is the standard package with a full Mirror Trader platform service & support. The third service package is the “Premium package”, offering heavy duty, robust system infrastructure, and advanced features and customization options.